RIG - Transocean Ltd Stock Price, Fair Value and News

5.74USD-0.04 (-0.69%)Market Closed

Market Summary

USD5.74-0.04

Market Closed

-0.69%

RIG Stock Price

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RIG RSI Chart

RIG Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

-4.9

Price/Sales (Trailing)

1.65

EV/EBITDA

24.4

Price/Free Cashflow

-17.78

RIG Price/Sales (Trailing)

RIG Profitability

EBT Margin

-33.23%

Return on Equity

-9.16%

Return on Assets

-4.71%

Free Cashflow Yield

-5.62%

RIG Fundamentals

RIG Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

22.28%

Rev. Growth (Qtr)

3.93%

RIG Earnings

Earnings (TTM)

-954.0M

Earnings Growth (Yr)

70.29%

Earnings Growth (Qtr)

52.73%

Breaking Down RIG Revenue

52 Week Range

5.78

(Low)(High)

Last 7 days

1.8%

Last 30 days

-7.1%

Last 90 days

-0.2%

Trailing 12 Months

-1.5%

How does RIG drawdown profile look like?

RIG Financial Health

Current Ratio

1.52

Debt/Equity

0.68

Debt/Cashflow

0.02

RIG Investor Care

Shares Dilution (1Y)

11.40%

Diluted EPS (TTM)

-1.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.6B	2.7B	2.7B	2.8B
2022	2.5B	2.5B	2.6B	2.6B
2021	3.0B	2.8B	2.6B	2.6B
2020	3.1B	3.3B	3.3B	3.2B
2019	3.1B	3.1B	3.0B	3.1B
2018	2.9B	2.9B	2.9B	3.0B
2017	3.6B	3.4B	3.3B	3.0B
2016	6.7B	5.7B	5.0B	4.2B
2015	8.9B	8.4B	7.8B	7.4B
2014	9.4B	9.4B	9.2B	9.2B
2013	9.3B	9.3B	9.3B	9.2B
2012	8.9B	8.9B	9.3B	9.2B
2011	9.0B	8.9B	8.6B	8.9B
2010	11.0B	10.6B	10.1B	9.5B
2009	12.7B	12.5B	12.1B	11.6B
2008	0	8.5B	10.6B	12.7B
2007	0	0	0	6.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Transocean Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 04, 2024	davis howard e	sold (taxes)	-521,254	5.08	-102,609	evp, cao & cio
Mar 04, 2024	long brady k	sold (taxes)	-511,322	5.08	-100,654	evp & general counsel
Mar 04, 2024	thigpen jeremy d	sold (taxes)	-1,890,910	5.08	-372,227	ceo
Mar 04, 2024	adamson keelan	sold (taxes)	-627,878	5.08	-123,598	president and coo
Mar 04, 2024	mey mark-anthony lovell	sold (taxes)	-654,588	5.08	-128,856	evp & cfo
Mar 04, 2024	tonnel david a	sold (taxes)	-344,368	5.08	-67,789	svp - chief accounting officer
Mar 01, 2024	long brady k	acquired	1,295,370	5.09	254,493	evp & general counsel
Mar 01, 2024	davis howard e	acquired	1,320,530	5.09	259,437	evp, cao & cio
Mar 01, 2024	thigpen jeremy d	acquired	4,790,670	5.09	941,192	ceo
Mar 01, 2024	mey mark-anthony lovell	acquired	1,658,350	5.09	325,805	evp & cfo

Which funds bought or sold RIG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	WASHINGTON TRUST Co	new	-	823	823	-%
Apr 23, 2024	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	unchanged	-	908	15,060	-%
Apr 23, 2024	LaFleur & Godfrey LLC	unchanged	-	-1,071	96,084	0.01%
Apr 23, 2024	PETRA FINANCIAL ADVISORS INC	reduced	-0.3	-1,666	117,009	0.09%
Apr 23, 2024	MUHLENKAMP & CO INC	added	3.45	143,514	6,345,930	1.84%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	added	25.00	875	13,875	0.01%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	398	2,813	-%
Apr 23, 2024	Gradient Investments LLC	reduced	-94.1	-6,279	389	-%
Apr 22, 2024	PFG Investments, LLC	new	-	1,084,160	1,084,160	0.07%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	5.47	23,865	578,118	-%

Are Funds Buying or Selling RIG?

Are funds buying RIG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RIG

No. of Funds

Unveiling Transocean Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.47%	68,551,328	SC 13G/A
Feb 12, 2024	primecap management co/ca/	6.27%	50,699,389	SC 13G/A
Feb 14, 2023	d. e. shaw & co, l.p.	4.9%	35,082,073	SC 13G/A
Feb 09, 2023	primecap management co/ca/	6.45%	46,564,489	SC 13G/A
Feb 09, 2023	vanguard group inc	8.78%	63,405,047	SC 13G/A
Dec 19, 2022	perestroika	11.5%	82,831,418	SC 13D/A
Nov 25, 2022	d. e. shaw & co, l.p.	5.0%	36,130,816	SC 13G
May 17, 2022	perestroika	12.2%	82,831,418	SC 13D/A
Feb 10, 2022	primecap management co/ca/	7.25%	47,524,006	SC 13G/A
Jul 12, 2021	blackrock inc.	2.3%	13,933,706	SC 13G/A

Recent SEC filings of Transocean Ltd

View All Filings

Date Filed	Form Type	Document
Apr 18, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report
Apr 11, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Mar 26, 2024	ARS	ARS
Mar 26, 2024	DEF 14A	DEF 14A
Mar 26, 2024	DEFA14A	DEFA14A
Mar 15, 2024	PRE 14A	PRE 14A
Mar 06, 2024	8-K	Current Report
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to Transocean Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	480.3B	344.6B	5.59%	3.90%	13.34	1.39	-16.70%	-35.40%
CVX	303.9B	200.9B	4.58%	-3.17%	14.22	1.51	-18.40%	-39.75%
OXY	59.2B	28.9B	4.34%	9.82%	12.61	2.05	-22.04%	-64.70%
MRO	15.9B	6.6B	-0.18%	15.92%	10.22	2.39	-17.41%	-56.98%
CHK	11.9B	8.7B	4.51%	13.62%	4.9	1.36	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.2B	12.92%	50.44%	17.6	3.86	-62.59%	-77.29%
HP	4.1B	2.7B	0.74%	22.14%	11.74	1.51	2.93%	8.77%
CNX	3.7B	3.4B	4.90%	57.65%	2.13	1.07	172.35%	1311.12%
KOS	2.8B	1.7B	0.17%	-6.00%	13.14	1.65	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	289.3M	307.6M	15.41%	6.84%	0.74	0.94	-32.91%	578.62%
AMTX	167.0M	186.7M	-28.57%	84.83%	-3.6	0.89	-27.21%	56.92%
BATL	84.1M	220.8M	-8.91%	-25.51%	-27.59	0.38	-38.52%	-116.44%
AE	77.0M	2.7B	10.36%	-19.70%	363.21	0.03	-18.46%	-93.92%
BRN	27.2M	23.9M	13.87%	0.74%	-10.01	1.14	-21.86%	-149.09%

Transocean Ltd News

Latest updates

Transocean Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.9%	741	713	729	649	606	691	692	586	621	626	656	653	690	773	930	759	792	784	758	754	748
Costs and Expenses	5.7%	803	760	718	636	664	635	660	637	663	623	659	661	704	705	766	789	836	804	774	774	755
S&GA Expenses	13.6%	50.00	44.00	48.00	45.00	55.00	42.00	43.00	42.00	49.00	40.00	39.00	39.00	50.00	45.00	45.00	43.00	54.00	45.00	45.00	49.00	54.00
EBITDA Margin	-11.8%	0.16*	0.18*	0.21*	0.23*	0.29*	0.29*	0.27*	0.27*	0.28*	0.33*	0.49*	0.34*	-	-	-	-	-	-	-	-	-
Interest Expenses	-101.3%	-3.00	232	168	249	263	96.00	100	102	107	110	115	115	117	145	153	160	160	166	168	166	165
Income Taxes	148.8%	21.00	-43.00	-16.00	51.00	35.00	-5.00	3.00	26.00	111	27.00	4.00	-21.00	23.00	-24.00	32.00	-4.00	-24.00	54.00	37.00	-8.00	110
Earnings Before Taxes	68.4%	-83.00	-263	-181	-414	-315	-33.00	-65.00	-149	-149	-103	-99.00	-119	-16.00	335	-465	-395	-79.00	-771	-169	-179	-133
EBT Margin	23.6%	-0.33*	-0.43*	-0.35*	-0.31*	-0.22*	-0.15*	-0.18*	-0.20*	-0.18*	-0.13*	0.04*	-0.09*	-	-	-	-	-	-	-	-	-
Net Income	52.7%	-104	-220	-165	-465	-350	-28.00	-68.00	-175	-260	-130	-103	-99.00	-37.00	359	-497	-392	-51.00	-825	-208	-171	-242
Net Income Margin	24.3%	-0.34*	-0.44*	-0.38*	-0.35*	-0.24*	-0.21*	-0.25*	-0.27*	-0.23*	-0.14*	0.04*	-0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-29.8%	-122	-94.00	81.00	-128	-231	143	-74.00	-107	114	104	112	37.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.2%	20,254	20,008	20,213	20,194	20,436	20,621	20,550	20,363	20,681	20,976	21,198	21,360	21,804	22,472	22,825	23,451	24,105	24,449	25,624	25,450	25,665
Current Assets	8.1%	2,126	1,967	2,235	2,031	2,008	2,469	2,286	2,279	2,444	2,581	2,618	2,559	2,740	3,175	3,284	3,291	3,640	3,771	4,208	3,792	3,948
Cash Equivalents	28.3%	762	594	821	747	683	1,341	1,161	1,226	1,412	1,476	1,490	1,454	1,560	1,830	1,948	2,014	2,349	2,457	2,853	2,470	2,589
Net PPE	0.2%	16,941	16,913	16,920	17,120	17,469	17,158	17,239	17,013	17,098	17,216	17,336	17,479	17,667	17,831	18,009	18,580	18,847	18,948	19,594	19,691	20,408
Current Liabilities	18.3%	1,397	1,181	1,141	1,053	1,558	1,505	1,533	1,352	1,303	1,351	1,319	1,303	1,386	1,551	1,588	1,594	1,724	1,489	1,461	1,396	1,458
Long Term Debt	-0.3%	7,043	7,066	7,154	7,342	6,628	6,451	6,376	6,375	6,657	6,773	6,991	7,096	7,302	7,794	8,480	8,576	8,693	9,041	9,378	9,071	9,605
Shareholder's Equity	0.9%	10,415	10,317	10,405	10,325	10,791	11,231	11,175	11,131	11,206	11,267	11,312	11,340	11,435	11,403	10,987	11,475	11,867	11,942	12,757	12,953	13,114
Retained Earnings	-2.6%	-4,033	-3,929	-3,709	-3,544	-3,079	-2,729	-2,701	-2,633	-2,458	-2,198	-2,068	-1,965	-1,866	-1,829	-2,188	-1,691	-1,297	-1,246	-421	-213	-67.00
Additional Paid-In Capital	1.3%	14,544	14,364	14,233	13,992	13,984	13,979	13,899	13,790	13,683	13,659	13,578	13,508	13,501	13,493	13,438	13,431	13,424	13,415	13,405	13,396	13,394
Accumulated Depreciation	2.6%	6,934	6,761	6,607	6,876	6,748	6,570	6,394	6,232	6,054	5,886	5,718	5,541	5,373	5,207	5,309	5,355	5,434	5,255	5,626	5,427	5,403
Shares Outstanding	3.4%	809	783	767	732	722	714	678	664	637	630	621	617	-	-	-	-	-	-	-	-	-
Minority Interest	0%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	4.00	4.00	4.00	3.00	6.00	6.00	6.00	5.00	9.00	9.00	7.00	7.00
Float	-	-	-	5,370	-	-	-	2,350	-	-	-	2,870	-	-	-	1,120	-	-	-	3,900	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	322.7%	98,000	-44,000	157,000	-47,000	178,000	230,000	41,000	-1,000	185,000	141,000	153,000	96,000	278,000	81,000	87,000	-48,000	147,000	91,000	153,000	-51,000	238,000
Share Based Compensation	0%	10,000	10,000	11,000	9,000	7,000	7,000	8,000	7,000	7,000	7,000	7,000	7,000	7,000	9,000	7,000	8,000	9,000	9,000	10,000	9,000	9,000
Cashflow From Investing	-450.0%	-220,000	-40,000	-73,000	-90,000	-424,000	-97,000	-116,000	-120,000	-71,000	-36,000	-73,000	-53,000	-37,000	-64,000	-44,000	-112,000	-110,000	-124,000	-57,000	23,000	-1,168,000
Cashflow From Financing	317.6%	309,000	-142,000	-5,000	101,000	-104,000	47,000	10,000	-65,000	-178,000	-119,000	-44,000	-149,000	-511,000	-135,000	-109,000	-175,000	-145,000	-363,000	287,000	-91,000	644,000

RIG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenues
Contract drilling revenues	$ 2,832	$ 2,575	$ 2,556
Revenue from Contract with Customer, Product and Service [Extensible List]	us-gaap:OilAndGasServiceMember	us-gaap:OilAndGasServiceMember	us-gaap:OilAndGasServiceMember
Costs and expenses
Operating and maintenance	$ 1,986	$ 1,679	$ 1,697
Cost, Product and Service [Extensible List]	us-gaap:OilAndGasServiceMember	us-gaap:OilAndGasServiceMember	us-gaap:OilAndGasServiceMember
Depreciation and amortization	$ 744	$ 735	$ 742
General and administrative	187	182	167
Total costs and expenses	2,917	2,596	2,606
Loss on impairment of assets	(57)
Loss on disposal of assets, net	(183)	(10)	(62)
Operating loss	(325)	(31)	(112)
Other income (expense), net
Interest income	52	27	15
Interest expense, net of amounts capitalized	(646)	(561)	(447)
Gain (loss) on retirement of debt	(31)	8	51
Other, net	9	(5)	23
Total other income (expense), net	(616)	(531)	(358)
Loss before income tax expense	(941)	(562)	(470)
Income tax expense	13	59	121
Net loss	(954)	(621)	(591)
Net income attributable to noncontrolling interest			1
Net loss attributable to controlling interest	$ (954)	$ (621)	$ (592)
Loss per share, basic (in dollars per share)	$ (1.24)	$ (0.89)	$ (0.93)
Loss per share, diluted (in dollars per share)	$ (1.24)	$ (0.89)	$ (0.93)
Weighted-average shares, basic (in shares)	768	699	637
Weighted-average shares, diluted (in shares)	768	699	637

RIG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 762	$ 683
Accounts receivable, net	512	485
Materials and supplies, net	426	388
Restricted cash and cash equivalents	233	308
Other current assets	193	144
Total current assets	2,126	2,008
Property and equipment	23,875	24,217
Less accumulated depreciation	(6,934)	(6,748)
Property and equipment, net	16,941	17,469
Contract intangible assets	4	56
Deferred tax assets, net	44	13
Other assets	1,139	890
Total assets	20,254	20,436
Liabilities and equity
Accounts payable	323	281
Accrued income taxes	23	19
Debt due within one year	370	719
Other current liabilities	681	539
Total current liabilities	1,397	1,558
Long-term debt	7,043	6,628
Deferred tax liabilities, net	540	493
Other long-term liabilities	858	965
Total long-term liabilities	8,441	8,086
Commitments and contingencies
Shares, CHF 0.10 par value, 1,021,294,549 authorized, 142,362,093 conditionally authorized, 843,715,858 issued and 809,030,846 outstanding at December 31, 2023, and 905,093,509 authorized, 142,362,675 conditionally authorized, 797,244,753 issued and 721,888,427 outstanding at December 31, 2022	81	71
Additional paid-in capital	14,544	13,984
Accumulated deficit	(4,033)	(3,079)
Accumulated other comprehensive loss	(177)	(185)
Total controlling interest shareholders' equity	10,415	10,791
Noncontrolling interest	1	1
Total equity	10,416	10,792
Total liabilities and equity	$ 20,254	$ 20,436

About Transocean Ltd

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Steinhausen, Switzerland.

CEO	Mr. Jeremy D. Thigpen
WEBSITE	deepwater.com
INDUSTRY	Oil - E&P
EMPLOYEES	5040

Transocean Ltd Frequently Asked Questions

What is the ticker symbol for Transocean Ltd? What does RIG stand for in stocks?

RIG is the stock ticker symbol of Transocean Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Transocean Ltd (RIG)?

As of Wed Apr 24 2024, market cap of Transocean Ltd is 4.68 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RIG stock?

You can check RIG's fair value in chart for subscribers.

What is the fair value of RIG stock?

You can check RIG's fair value in chart for subscribers. The fair value of Transocean Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Transocean Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RIG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Transocean Ltd a good stock to buy?

The fair value guage provides a quick view whether RIG is over valued or under valued. Whether Transocean Ltd is cheap or expensive depends on the assumptions which impact Transocean Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RIG.

What is Transocean Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, RIG's PE ratio (Price to Earnings) is -4.9 and Price to Sales (PS) ratio is 1.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RIG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Transocean Ltd's stock?

In the past 10 years, Transocean Ltd has provided -0.182 (multiply by 100 for percentage) rate of return.